Page:United States Statutes at Large Volume 45 Part 1.djvu/175

 124 SEVENTIETH CONGRESS. SESS. I. Cii. 87 . 1928 . Agreement-Contd. In the State of New York, if, for any of the purposes provided herein, the Lake Champlain Bridge Commission shall find it necessary or convenient to acquire any real property in this State, then such Lake Champlain Bridge Commission may find and determine that such real property is required for a public use, and upon such due determination the said property shall be and shall be deemed to be required for such public use. Such real property may be acquired by such commission by gift or purchase or, in the event that such real property can not be so acquired, it may be acquired under the provisions of the condemnation law. If it shall be necessary for the commission to set apart, out of any funds available therefor, any sum or sums to create a fund t o be used for makin g com pensa tion to o wners of real prope rty, or of any interest therein to be acquired for the purposes of this ag reemen t, suc h fund shall be cr eated within the St ate wh ere su ch real property or interest therein is located, and shall not be used for any other purpose until such compensation has been duly made according to the law of the State wherein such real property or interest therein is located. The fund so created shall be deposited with the custodian authorized by law to receive and hold the same. ARTICLE XIV The State of New York agrees to provide and make available in the year 1927 the sum of $120,000 toward the cost of the con- struction of such bridge, and the State of Vermont agrees to provide and make available in the year 1927 the sum of $80,000 toward the cost of the construction of such bridge. Such funds shall be available for all costs incidental to the construction of the said bridge, but no part of such fund shall be used by the com- mission except for expenses of preparing specifications until this agreement also be ratified by the Congress of the United States. No part of the said sum mentioned in this Article shall be payable by either State, unless the other State shall have made available to the Lake Champlain Bridge Commission the sum herein agreed to be made payable, the intent hereof being that each State shall cause to be paid over or made available to the Lake Champlain Bridge Commission, at such time as may be necessary, the sum herein set forth as an advance to the Lake Champlain Bridge Commission by the respective States for use in the construction of said bridge. ARTICLE XV Upon the completion of the bridge, pursuant to this agreement, the Lake Champlain Bridge Commission shall cause the boundary line between the two States on said bridge to be appropriately m arked and indi cated. ARTICLE XVI All accounts of the Lake Champlain Bridge Commission shall be audited jointly by the comptroller of the State of New York and the auditor of accounts of the State of Vermont and the report of such audit shall accompany the annual reports of said Lake Champla in Bridge Commission. ARTICLE XV II The balance of the money needed for the construction of the said bridge shall be raised by the Lake Champlain Bridge Com- mission on its own obligations secured by the pledge of the prop-

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